Hewlett-Packard partners with Hungarian IVM Ltd.

The international management of Hewlett-Packard (HP) signed a partnership agreement with Hungarian IVM Zrt. on June 14, under which the Hungarian company will provide HP with vending machines for its products.

HP is planning to install vending machines in its offices and office buildings, from which employees will directly be able to access IT equipment, such as keyboards, mice and cables, with the help of their business identification cards, according to a press release issued today.

HP expects this logistics solution to simplify supplying and keeping stock of such equipment. HP foresees the new service entering the world market soon but perceives challenges associated with exploring this new segment.

IVM, which is 100% Hungarian-owned, has been manufacturing vending machines since 2010, and has won many awards for their solutions, the press release said. The company’s vending machines are currently being used across Europe in a number of sectors.

“It is a great privilege and also a huge challenge to be an international supplier of HP. While it is astonishing that our company was selected over multinational manufacturers from the United States and Western-Europe, we will need to live up to this new contract and adhere to the high international standards. There is simply no room for mistakes,” IVM CEO Emese Várnagy said.